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United States · Bill · S

S. 2252 (118th)

Promoting New and Diverse Depository Institutions Act

referredUnited States· United States Congress· EN

Introduced

12 July 2023

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Promoting New and Diverse Depository Institutions Act This bill requires federal banking agencies to study and report on the challenges faced by entities attempting to become chartered depository institutions and to develop a strategic plan to assist in the application process. The strategic plan must (1) promote the chartering of minority depository institutions and entities that could be certified as community development financial institutions, and (2) describe actions to increase the number of depository institutions located in underserved areas.

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Documents

3 official files

Introduced in Senate (text)

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